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British Pound wavers following overshot UK inflation data, higher public debt
The British Pound (GBP) wavered against the US Dollar (USD) on Wednesday following the release of st...
The Top 15 Stocks in the S&P 500 Are Now 47% of the Value. In 2000 Bubble, It Was 27%
The top 15 stocks now hold a record 46.7% of the S&P 500, far above the 27.2% share during the 2000 ...
MPC Container Ships ASA Non-GAAP EPS of $0.09, revenue of $118.9M beats by $13.98M
S&P 500: Record high on AI and Iran repricing – Deutsche Bank
Deutsche Bank analysts note the S&P 500 hit a fresh record, extending its year-to-date gain to nearly 10%, supported by renewed AI enthusiasm and easing fears around the US-Iran situation.
AUD/NZD Price Forecast: Retreats below 1.2200 on hawkish RBNZ, weak Australian data
The Aussie Dollar (AUD) is dropping sharply against the New Zealand Dollar (NZD) on Wednesday.
Asian stock market remains mixed amid US-Iran uncertainty, KOSPI soars
Asian equity markets reflect a mixed performance on Wednesday, while uncertainty surrounding a breakthrough in the United States (US)-Iran negotiations has escalated, following Washington’s attacks on ...
U.S. Sends Rare SPR Oil Cargo to Asia as Hormuz Crisis Reshapes Trade
A tanker loaded with crude oil from the U.S. strategic petroleum reserve has set off from the Gulf of Mexico to the Philippines in what is the first U.S. oil shipment to Asia since late 2022, Reuters ...
Fed’s Kashkari: Risk to US inflation now higher than risk of deterioration in labour market
Minneapolis Federal Reserve (Fed) Bank President Neel Kashkari said in the European trading session on Wednesday that the major concern for the central bank now is higher United States (US) inflation ...
Ousted BP Chair Albert Manifold fights back against dismissal
Swiss Franc: Intervention stance offsets safe-haven appeal – Rabobank
Rabobank's Senior FX Strategist Jane Foley highlights that despite resilient Swiss growth and firm PMI readings, very low inflation leaves little need for imminent SNB tightening.
AUD/JPY Price Forecast: Declines on softer Australia's CPI, but broader bullish trend remains intact
The AUD/JPY cross attracts some sellers to around 113.95 during the early European trading hours on Wednesday. The Australian Dollar (AUD) softens against the Japanese Yen (JPY) as Australian Consumer ...
France Consumer Confidence registered at 82, below expectations (85) in May
France Consumer Confidence registered at 82, below expectations (85) in May
Futu repurchases $290M worth of ADSs under buyback program
Zacks Investment Ideas feature highlights: Nasdaq 100 Index ETF, Micron, SanDisk, NVIDIA, MicroStrategy and Qualcomm
Micron and SanDisk are riding AI-driven memory demand as supply shortages fuel explosive earnings growth and massive stock gains.